ACHIEVING POSITIVE OUTCOMES CIC


ACHIEVING POSITIVE OUTCOMES CIC

Company limited by guarantee

Company Registration Number:
11390857 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2021

Period of accounts

Start date: 1 June 2020

End date: 31 May 2021

ACHIEVING POSITIVE OUTCOMES CIC

Contents of the Financial Statements

for the Period Ended 31 May 2021

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ACHIEVING POSITIVE OUTCOMES CIC

Directors' report period ended 31 May 2021

The directors present their report with the financial statements of the company for the period ended 31 May 2021

Principal activities of the company

educational support activities



Directors

The directors shown below have held office during the whole of the period from
1 June 2020 to 31 May 2021

D Manborde
M A Nesbitt
Ms L M O S Sulema


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
7 February 2022

And signed on behalf of the board by:
Name: D Manborde
Status: Director

ACHIEVING POSITIVE OUTCOMES CIC

Profit And Loss Account

for the Period Ended 31 May 2021

2021 2020


£

£
Turnover: 54,765 66,454
Gross profit(or loss): 54,765 66,454
Administrative expenses: ( 55,004 ) ( 56,999 )
Other operating income: 3,580
Operating profit(or loss): 3,341 9,455
Profit(or loss) before tax: 3,341 9,455
Tax: ( 445 ) ( 1,538 )
Profit(or loss) for the financial year: 2,896 7,917

ACHIEVING POSITIVE OUTCOMES CIC

Balance sheet

As at 31 May 2021

Notes 2021 2020


£

£
Fixed assets
Tangible assets: 3 2,660 1,662
Total fixed assets: 2,660 1,662
Current assets
Cash at bank and in hand: 25,457 18,120
Total current assets: 25,457 18,120
Creditors: amounts falling due within one year: 4 ( 10,021 ) ( 4,582 )
Net current assets (liabilities): 15,436 13,538
Total assets less current liabilities: 18,096 15,200
Total net assets (liabilities): 18,096 15,200
Members' funds
Profit and loss account: 18,096 15,200
Total members' funds: 18,096 15,200

The notes form part of these financial statements

ACHIEVING POSITIVE OUTCOMES CIC

Balance sheet statements

For the year ending 31 May 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 7 February 2022
and signed on behalf of the board by:

Name: D Manborde
Status: Director

The notes form part of these financial statements

ACHIEVING POSITIVE OUTCOMES CIC

Notes to the Financial Statements

for the Period Ended 31 May 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful lifeFixtures & Fittings 25% on costComputer Equipment 33% on cost

ACHIEVING POSITIVE OUTCOMES CIC

Notes to the Financial Statements

for the Period Ended 31 May 2021

  • 2. Employees

    2021 2020
    Average number of employees during the period 2 2

ACHIEVING POSITIVE OUTCOMES CIC

Notes to the Financial Statements

for the Period Ended 31 May 2021

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2020 1,493 989 2,482
Additions 2,264 2,264
Disposals
Revaluations
Transfers
At 31 May 2021 3,757 989 4,746
Depreciation
At 1 June 2020 441 379 820
Charge for year 939 327 1,266
On disposals
Other adjustments
At 31 May 2021 1,380 706 2,086
Net book value
At 31 May 2021 2,377 283 2,660
At 31 May 2020 1,052 610 1,662

ACHIEVING POSITIVE OUTCOMES CIC

Notes to the Financial Statements

for the Period Ended 31 May 2021

4. Creditors: amounts falling due within one year note

2021 2020
£ £
Trade creditors 1
Taxation and social security 223 1,364
Accruals and deferred income 6,600 520
Other creditors 3,198 2,697
Total 10,021 4,582

COMMUNITY INTEREST ANNUAL REPORT

ACHIEVING POSITIVE OUTCOMES CIC

Company Number: 11390857 (England and Wales)

Year Ending: 31 May 2021

Company activities and impact

Achieving positive Outcome CIC provide move-on accommodation for those people who have been formerly homeless and we support them to be able to live independently.We house homeless vulnerable individuals between the ages of 25 and 65. The vast majority of our residents have a local connection, though we are seeing an increase in the number of people who have succeeded in being granted Leave to Remain in the UK.Support work is provided to monitor and improve physical/mental health, wellbeing and maintain long-term recovery from addiction. Residents are visited at least twice a week, though all the clients are encouraged to call in the office on a daily basis or as often as they feel they would like to.We agree support plans, which may include volunteering and other opportunities including college education. We believe that by providing in-house life skills training, debt and benefits advice and moral support we can assist many vulnerable adults into making positive lifestyle changes and securing a more fulfilling and socially inclusive way of life.It is extremely difficult of course to put a finger on a figure which might give an accurate Assessment of what we are able to achieve in terms of a cost saving for the Council. We could argue that we may save on people re-offending or being admitted to hospital based on some average figures. This is a figure which is very hard to be confident about when this is based on a “what might have happened” scenario.In conversations with managers at The Brick Project and other support providers it is clear that there is a “chronic lack of move-on accommodation in the town”. APO CIC will be able to free up the local hostels by moving people out into supported temporary independentliving and hence create vacancies in the hostel.We have continued to manage our tasks during lockdown and opened up lines of communication with our residents. We have set up Whatsapp Groups so we were able to keep our residents up to date on any relevant guidance and we were able to deal with any concerns as and when they arose.As the country slowly opens up and we continue to move around more freely we are looking forward to operating our service on a more regular basis from our office in leigh. We have received National Lottery Grant Funding of £9400.00. The bid was successful so we are able to develop a computer / training suite. This will benefit the residents and any other end user with development and training opportunities

Consultation with stakeholders

The stakeholders within the CIC are the residents and those within the community who visit the office looking for advice and support. In consultation with the residents, we have aimed our support to deal with the issues that affect them the most they include re-housing, benefits and debt issues. In respect of APO CIC working with stakeholder agencies such as The Brick Project, Compassion in Action, Riverside Housing, British Red Cross and the CAB, they are all a valuable asset in equipping clients, with the skills required to live independently. Regular meetings are held so the partnership agencies can liaise and network.We are regularly in contact with the stakeholder agencies that directly affect the financial wellbeing of the residents these include the Department for Works and Pensions, Job Centre Plus, Wigan Housing Benefit and Revenues. We discuss issues such as delayed payments in housing and benefit entitlements, council tax reductions and exceptions etc.It is important that the residents can maintain their living standards so the sorting out of bills and finance is vital to them. We diarise appointments with the residents but also have an open-door policy so we can attend to immediate issues. During covid restrictions we have kept the residents up to date and dealt with any stakeholders queries if their service was available.

Directors' remuneration

Directors’ remuneration of £18,402 was paid during the year. Rent of £26,400 was paid to Directors for the property. This is deemed market value based on previous rentals. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
25 July 2021

And signed on behalf of the board by:
Name: David Manborde
Status: Director